Hanscom Fedreal Credit Union raised over $13,000 for children in need through a holiday raffle. The donation from the credit union based on Hanscom Air Force Base in Massachusetts will provide 52 beds to children across the commonwealth.
Enhancing financial literacy
Lawrenceville, Ga.-based Peach State Federal Credit Union promoted financial literacy thanks to $20,000 provided by the National Credit Union Administration.
Dow Chemical Employees Credit Union rung in the new year with its second annual donation drive. The Midland, Mich.-based credit union assisted local pantries by collecting canned goods and toiletries, among other items.
Feeling the rush
San Diego County Credit Union teamed up with a local radio station to give high school students a special surprise performance. The San Diego institution orchestrated a performance that featured Logan Henderson, who was on Nickelodeon's "Big Time Rush."
Racing for change
Chartway Federal Credit Union in Virginia Beach, Va., served as a sponsor for the J&A Racing's Norfolk Harbor Half Marathon and We Promise Foundation 5K race. Over 2,300 runners attended the event.
For the kids
First Financial Federal Credit Union in Lutherville, Md., sent a $5,000 donation to a local radio station for the Kids Campaign. The campaign will benefit charities in Maryland, including the Boys & Girls Clubs of Metropolitan Baltimore.
Texas Trust Credit Union employees raised over $1,000 during a 24-hour game-a-thon that was held at its Arlington, Texas, headquarters. The Extra Life game-a-thon raises money for Children's Miracle Network Hospitals.
San Jose, Calif.-based Santa Clara County Federal Credit Union sponsored a teacher recognition celebration for the 23rd year in a row. Thirty-one educators were recognized this year in addition to five teachers who were honored with the STEM Teaching Award.
A personal touch
Altura Credit Union staff hand delivered donations they collected for the Salvation Army's Angel Tree holiday program. Parents were able to pick up the gifts on a distribution day hosted by the Riverside, Calif., credit union.
Fundraising to fight hunger
Alaska USA Federal Credit Union raised over $71,000 that will be distributed to 21 food banks. One of the food banks, Desert Manna, received a $900 check.
Community banks that were pushed past key asset limits by the Paycheck Protection Program say they will be unable to shrink their balance sheets back to normal size by the 2022 deadline, especially if there is a new round of rescue aid.
The plan still lacks concrete details about standards banks must meet to earn high ratings, but the agency said the new methodology would end grade inflation and could penalize banks that underperform.